by John H. Cochrane via Grumpy Economist
This is a talk I gave for Hoover, which blog readers might enjoy. Yes, it puts together many pieces said before. This post has graphs and uses mathjax for equations, so if it isn't showing come back to the original.
Kaushik Basu argues that too many political leaders are drawing the wrong conclusions from the data.
by John H. Cochrane via Defining Ideas
The Fed is not nearly as powerful as conventional wisdom suggests.